Tim (TIMB) Tax Rate (2020 - 2023)
Tim (TIMB) recorded quarterly Tax Rate of 10.12% in Q1 2023, down 10.96% quarter-over-quarter from 11.36% in Q1 2022, and down 125.0% on a YoY basis from 40.48% in Q1 2022.
Tim (TIMB) Tax Rate (2020 - 2023) Analysis & Trends
Tim's Tax Rate history runs 4 years deep, the most recent figure standing at 10.12% for Q1 2023.
- In Q1 2023, Tax Rate fell 125.0% year-over-year to 10.12%; the TTM figure through Mar 2023 stood at 6.99% (changed N/A YoY), while the FY2025 annual figure was 5.44%, changed N/A from the prior year.
- Tax Rate was 10.12% for Q1 2023 at Tim, down from 11.36% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 17.57% in Q1 2020 to a low of 10.12% in Q1 2023.
- Historically, Tax Rate has averaged 13.07% across 4 years, with a median of 12.29% in 2021.
- The sharpest annual moves came in 2021 and 2023: Tax Rate slumped 435 bps in 2021, then slumped 125 bps in 2023.
- A 4-year view of Tax Rate shows it stood at 17.57% in 2020, then decreased by 25 bps to 13.22% in 2021, then dropped by 14 bps to 11.36% in 2022, then slipped by 11 bps to 10.12% in 2023.
- The last three Tax Rate figures came in at 10.12% (Q1 2023), 11.36% (Q1 2022), and 13.22% (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 24.90% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 24.15% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 21.84% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -21.62% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 23.19% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -50.65% |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | Tim | 1.39 | 1.39 | 677.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 10.12% |
| Mar 31, 2023 | 10.12% |
| Mar 31, 2022 | 11.36% |
| Mar 31, 2022 | 11.36% |
| Mar 31, 2021 | 13.22% |
| Mar 31, 2021 | 13.22% |
| Mar 31, 2020 | 17.57% |
| Mar 31, 2020 | 17.57% |